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Renewable Energy Group (Renewable Energy Group) Property, Plant and Equipment : $781 Mil (As of Mar. 2022)


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What is Renewable Energy Group Property, Plant and Equipment?

Renewable Energy Group's quarterly net PPE increased from Sep. 2021 ($666 Mil) to Dec. 2021 ($729 Mil) and increased from Dec. 2021 ($729 Mil) to Mar. 2022 ($781 Mil).

Renewable Energy Group's annual net PPE increased from Dec. 2019 ($621 Mil) to Dec. 2020 ($624 Mil) and increased from Dec. 2020 ($624 Mil) to Dec. 2021 ($729 Mil).


Renewable Energy Group Property, Plant and Equipment Historical Data

The historical data trend for Renewable Energy Group's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Renewable Energy Group Property, Plant and Equipment Chart

Renewable Energy Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 586.36 590.72 621.48 623.64 729.17

Renewable Energy Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 631.37 642.49 666.29 729.17 781.23

Renewable Energy Group Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Renewable Energy Group  (NAS:REGI) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Renewable Energy Group Property, Plant and Equipment Related Terms

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Renewable Energy Group (Renewable Energy Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
416 South Bell Avenue, Ames, IA, USA, 50010
Renewable Energy Group Inc is a producer and refiner of biofuels in the oil and gas industry. The company's operations include acquiring feedstock, operating biorefineries, and marketing and distributing renewable fuels. Its operating segments include Biomass-based Diesel, Services, and Corporate and other. The majority of the company's revenue comes from the sale of biomass-based diesel. Geographically, it operates in the United States, Germany and Other Foreign countries of which the United States derived maximum revenue. At its biorefineries, natural fats, oils, and greases are converted into biofuels and renewable chemicals.
Executives
Stacey Orlandi other: SVP, Manufacturing C/O RENEWABLE ENERGY GROUP, INC. 416 SOUTH BELL AVENUE AMES IA 50010
Eric Bowen officer: VP, Corp Bus Dev and Legal C/O RENEWABLE ENERGY GROUP, INC. 416 SOUTH BELL AVENUE AMES IA 50010
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Niharika Ramdev director C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Todd Samuels other: Chief Accounting Officer C/O RENEWABLE ENERGY GROUP, INC. 416 SOUTH BELL AVENUE AMES IA 50010
Chad Stone officer: Chief Financial Officer REG NEWCO, INC. 416 S. BELL AVENUE AMES IA 50010
Cynthia J Warner director, officer: President and CEO 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Harding Peter John Martin director 416 S. BELL AVE. AMES IA 50010
Richard Craig Bealmear officer: Chief Financial Officer 1114 COLFAX STREET EVANSTON IL 60201
Jeffrey Stroburg director REG NEWCO, INC. 416 S. BELL AVENUE AMES IA 50010
Christopher D. Sorrells director REG NEWCO, INC., 416 S. BELL AVENUE, AMES IA 50010
Todd Allen Robinson officer: InterimChief Financial Officer RENEWABLE ENERGY, INC. 416 SOUTH BELL AVENUE AMES IA 50010
Walter Z Berger director 416 SOUTH BELL AVENUE, AMES IA 50010
Gary Haer officer: VP, Sales and Marketing 416 SOUTH BELL AVENUE C/O RENEWABLE ENERGY GROUP, INC. AMES IA 50010
Michael M Scharf director 12312 OLIVE BOULEVARD SUITE 400 ST. LOUIS MO 63141

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